"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Political vs. Economic Power
Submitted by Mark Laythorpe on Fri, 2007-03-09 17:00
in
"Political power is the power to persuade you to do something - backed up by the threat of force if you don't. Economic power, on the other hand, is simply the power to persuade - with no threat of force should you decline." This doesn't seem like it should be such a difficult concept to grasp.
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